Business Management MCQ Questions and Solutions with Explanations | Management
Business Management MCQ Questions and answers with easy and logical explanations. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Management MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. Page-1 section-5
Each section contains 100 MCQs on
Business Management .
Which of the following statements is/are correct?
1. A formal organisation includes a high degree of
formality.
2. A formal organisation has clear cut distinction and demarcation of statues and roles.
3. A formal organisation has special rules and procedures.
The main difference between delegation and decentralisation are
1. Delegation involves transfer of authority and not responsibility; where as decentralisation involves transfer of authority and responsibility.
2. Decentralisation is by the will of the superior; while delegation is done legally.
3. Distributing authority can take place at will while in decentralisation it requires a legal action.
Select the correct answer:
. . . . . . . . is the unbroken line of authority linking each employee with the top most position in the organisation through a series of management posts.
